Closer

Alcova Mortgage LLC • Roanoke, VA

11h • Remote

About The Position

The Closer will be responsible for closing all loans according to the proper product type, investor, agency and internal guidelines, state and federal guidelines, and all ALCOVA Mortgage processes and procedures in an accurate and timely manner. The Closer is responsible for the accurate preparation of compliant closing documents to ensure that they are salable on the secondary market. The Closer will communicate with internal staff and outside agencies to facilitate all closing issues in a timely manner.

Requirements

• Minimum of three (3) years of mortgage experience and a demonstrated willingness to learn
• High School diploma, or equivalent experience
• Must have experience with closing State Agency Housing Loans
• Working knowledge of the Real Estate Settlement Procedures Act (RESPA)
• Highly motivated, ambitious, and driven to succeed
• Trustworthy, honest, and able to display a high-level of integrity
• Able to work effectively in a team environment
• Strong attention to detail and accuracy
• Effective written and verbal communication skills
• Able to identify and resolve problems in a timely manner
• Able to apply basic mathematical concepts such as adding, subtracting, multiplying and dividing
• Able to understand and respond appropriately to basic inquiries
• Able to read, write, and communicate using the English language sufficient to perform job functions
• Able to use standard office equipment including but not limited to telephone, copiers, scanners, computers, Internet, etc
• Able to access, input, retrieve, and interpret information using applicable computer systems, including, but not limited to, Microsoft Word, Excel, Outlook, industry-specific computer software, etc.
• Able to multi-task (e.g., simultaneous usage of several applications, etc.)
• Well-versed with keyboard shortcuts and able to identity new ways to complete a task in less time
• Relies on limited experience and judgment to plan and accomplish goals
• Works well both independently and under general supervision
• Displays a degree of creativity and latitude.
• Able to handle deadlines and working within banking guidelines
• Able to recommend ways to improve closing processes
• Compliance with all Bank Secrecy Act (BSA), Anti-Money Laundering (AML) laws, and Office of Foreign Asset Controls (OFAC) requirements is required. Employee must complete annual training in these areas

Nice To Haves

• Prior mortgage closing experience is strongly preferred
• college degree preferred
• Knowledge of Encompass software strongly preferred

Responsibilities

• Prepares closing documents based on loan product parameters and sends closing documents to settlement agency once loans are clear to close
• Balances Closing Disclosure with settlement agent and issues Final Closing Disclosure to be signed by Borrower at closing
• Clears any open loan conditions dependent on loan parameters

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED